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Rep. Elliot backs bill to shift GIC withdrawal notice deadline to give towns more time to compare plans
Summary
Representative Elliott and others told the Joint Committee on Financial Services that House Bill 1150 would change the statutory notification deadline for municipalities considering withdrawal from the Group Insurance Commission so local negotiating groups can better compare alternatives.
Representative (first name not specified in transcript) testified before the Joint Committee on Financial Services in support of House Bill 1150, which would change the notification deadline municipalities must give the Group Insurance Commission (GIC) when they plan to withdraw from GIC coverage. Under current law municipal employers and school districts…
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